TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
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ACCESS, FBN, FIDELITY... CBN SELLS DOLLARS TO 26 BANKS, DISQUALIFIES SIX. (PHOTO).

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 Access, FBN, Fidelity… CBN sells dollars to 26 banks, disqualifies six


The Central Bank of Nigeria (CBN) says it sold foreign exchange (FX) to banks worth $876.26 million at N1,495 per dollar.

According to a statement dated August 7, signed by Omolara Omotunde Duke, CBN’s director of the financial markets department, the apex bank said the auction aimed to reduce demand pressure in the FX market and promote price discovery.

The CBN said the transaction was conducted through a retail Dutch auction system (rDAS).

According to the apex bank, while bids valued at $876.26 million from 26 banks qualified, bids from six banks were disqualified.

The CBN said four banks missed the deadline and two did not provide bids in their submitted templates.

Below is the full list of successful and unsuccessful bids.


$SUCCESSFUL BIDS:


S/N BANK SUCCESSFUL BIDS ($)

1. Access       79,092,862.79

2. Citi       12,001,875.89

3. Coronation        4,474,753.38

4. Ecobank        5,320,365.25

5. FBN       228,994,949.57

6. FBN Quest        5,089,359.92

7 Fidelity        43,616,742.68

8. FSDH        1,999,399.52

9. Globus       11,070,395.30

10. Greenwich             17,21.40

11. GTB         29,543,429.06

12. Jaiz         16,708,748.35

13. Keystone           4,635,899

14. Lotus           4,024,818.31

15. Nova            2,098,539.51

16. Parallex              548,052.17

17. Polaris             10,440,523.75

18. Providus             11,453,580.97

19. Signature                 551,753

20. Stanchart            28,429,525.73

21. Sterling            14,397,359.41

22. Taj             19,107,550.88

23. Titan                790.78

24. Union             13,268,519.66

25. Unity                616,138.33

26. Zenith              267,862,855.69

Total              815,362,006.30

DISQUALIFIED BANKS 


S/N BANK AMOUNT  REMARKS

1 UBA     13,213,785.91 Late submission

2 FCMB 178,652,316.84 Late submission

3 Stanbic 57,857,408.12 Late submission

4 Wema 21,940,547.84 Late submission

5 Suntrust 7,379,787.50 No bid rates

6 Rand 0 No bid received

Total 279,043,846.21

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